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Nava Bharat Ventures resumes operations at Paloncha and Dhenkanal

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Capital Market
Nava Bharat Ventures has resumed its operations (Power and Ferro Alloys) situated at Paloncha, Telangana and Dhenkanal, Odisha, after receiving the permissions with restrictions from the respective State Governments.

However, the operations of its subsidiary, Nava Bharat Energy India (150 MW Unit) at Paloncha, Telangana continue to be under shut down, as there is no bilateral contract and there being no alternative viable market on the power exchange.

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First Published: May 04 2020 | 2:57 PM IST

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